Sep 29 2024, 11:13 AM
QUOTE(LaiN87 @ Sep 29 2024, 10:56 AM)
Thanks for your reply.
My CIMB full flexi the loan monthly installment changes and recalculated every month.
Meaning the loan tenure for CIMB stays the same regardless how much money I have in my current account. Just the monthly installment reduce due to reduction of interest rate.
If this case this Flexi Loan by RHB is not flexi at all.
Ugh…
Isn't the current account for interest reduction?My CIMB full flexi the loan monthly installment changes and recalculated every month.
Meaning the loan tenure for CIMB stays the same regardless how much money I have in my current account. Just the monthly installment reduce due to reduction of interest rate.
If this case this Flexi Loan by RHB is not flexi at all.
Ugh…
thought that additional principal repayment should be made to the loan account instead of the current account?
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